GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mengtian Home Group Inc (SHSE:603216) » Definitions » Forward Dividend Yield %

Mengtian Home Group (SHSE:603216) Forward Dividend Yield % : 3.44% (As of May. 26, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Mengtian Home Group Forward Dividend Yield %?

As of today (2024-05-26), the Forward Annual Dividend Yield of Mengtian Home Group is 3.44%.

As of today (2024-05-26), the Trailing Annual Dividend Yield of Mengtian Home Group is 3.44%.

SHSE:603216's Forward Dividend Yield % is ranked better than
61.89% of 244 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.705 vs SHSE:603216: 3.44

Mengtian Home Group's Dividends per Share for the three months ended in Mar. 2024 was ¥0.00.

During the past 12 months, Mengtian Home Group's average Dividends Per Share Growth Rate was 40.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Mengtian Home Group's Forward Dividend Yield %

For the Furnishings, Fixtures & Appliances subindustry, Mengtian Home Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mengtian Home Group's Forward Dividend Yield % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mengtian Home Group's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Mengtian Home Group's Forward Dividend Yield % falls into.



Mengtian Home Group Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Mengtian Home Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.3501602023-07-062023-07-052023-07-06Cash DividendannuallyCNY:CNY 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Mengtian Home Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.35016/10.19
=3.44 %

Current Share Price is ¥10.19.
Mengtian Home Group's Dividends per Share for the forward twelve months is calculated as ¥0.35016 * 1 = ¥0.35016.

Mengtian Home Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.35016/10.19
=3.44 %

Current Share Price is ¥10.19.
Mengtian Home Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.35016.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mengtian Home Group  (SHSE:603216) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Mengtian Home Group Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Mengtian Home Group's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mengtian Home Group (SHSE:603216) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Changjiang Road, Huimin Street, Jiashan County, Zhejiang Province, Jiaxing, CHN, 314100
Mengtian Home Group Inc is engaged in the design, development, production and sales of customized wooden furniture such as wooden doors, wall panels and cabinets.

Mengtian Home Group (SHSE:603216) Headlines

No Headlines